/biz/ - Business & Finance

PREVIOUS THREAD: >>54753985

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

>>54823661
remove this shit
>LocalMonero
They banned ip from Russia. Fuck them.

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/services

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Buy silver/gold bullion with XMR (US only)
https://monerosilver.com/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.win/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Archetyp
>Astra #
>Asur Market
>Chimera Market
>Cloud Market
>Dark Matter
>Darkmoon
>FilthyFellas
>Gofish Market #
>Mercury Market #
>Mellow Market
>Retro Market
>Sonanza Market #
Links: https://pastebin.com/raw/icMJeHJS


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Elude EXIT SCAMMING! AVOID!
>Infinity Project
https://pastebin.com/raw/AnkqVGjp


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development? Donate to the Monero General Fund or MAGIC Monero Fund
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>>54823716
>LocalMonero is now available on I2P
>http://lm.i2p/nojs/
Does not matter, they banned my country from the list.
It is p2p, but they don't care. Idiots.

>Bitcoin's price = not the result of organic real-world supply & demand = not sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101

1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

How would monero handle this, anon?

Check out the weekly opsec discussion!
>Previous weeks discussion
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/N88NA8Jy
>OpsAnon's public key
pastebin.com/kiEVscyb

Is it feasible to write a cold wallet as a program on a graphing calculator?
>always air gapped
>extremely low chance ABCs would bother adding a backdoor
>cheap as fuck, widely available
>far less conspicuous than buying a regular hw wallet
It only needs to recieve moneroj, and then have the user engrave the seed into steel and lock it in a safe.

Reporting in
##################################
Swimng Pool - https://pastebin.com/raw/Mb7Dyg24
IRC - https://pastebin.com/kP1gZ1Hk
##################################
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

>>54823770
It would simply not accept 249.68 MB of data unless there were many blocks going over the limit (expensive for an attacker, especially since miners are not incentivized to do this without fee subsidization since including these transactions past the current limit quadratically eats into profit). The dynamic block size limit is gradual and not prone to spikes.

Reporting in,
fuck Bitcoin.

Threadly reminder that there is now a parallel XMR General on the darknet imageboard BitChan where you can post with the absolute maximum degree of privacy possible.

Why bother? Well, remember that every time you post on 4chan the content + your IP address are being logged and that data can and will be made available to LE/glowies upon request.

So if you need to ask a very delicate question, want to make a potentially incriminating announcement or you otherwise just absolutely positively DO NOT WANT to risk being deanonymized, the BitChan thread would be the place to do it.

The slightly higher barrier to entry also serves as a badly needed retard filter so a lot of us post there simply to avoid the hordes of mouth breathers that befoul this otherwise delightful basket weaving forum.

>How do I access BitChan?

You need to have I2P configured & running on your device. Fortunately, pre-configured browser bundles are now available and make everything easy. Since most of you lazy faggots are still using Windows we'll default to that for the following guide:

1. Visit https://i2pd.website/ and click on 'Download I2PdBrowser'.
2. Download either the I2PdBrowserPortable_xxx.7z or .exe file. Extract/install it.
3. Run the StartI2PdBrowser.bat batch file to launch. Adjust firewall settings/port forward as required. Port forwarding > UPnP

A cmd window will pop up and initialize the process. A windowed Firefox instance should soon appear. DO NOT RESIZE IT! Browser fingerprinting is a thing. Once pic-related appears you are officially browsing the darknet! You can monitor yr I2P service by visiting http://127.0.0.1:7070/ in yr *regular* browser.

Then simply copy/paste the following link into the address bar as per usual:

http://bitchan.i2p/thread/BM-2cVPN9mi9oBKATjNxKkopHJSCU9ah7wQwW/047186ce462d

You may have to complete a CAPTCHA on your first visit. Also, NEVER, EVER ENABLE JAVASCRIPT!!!!

Keep in mind that page loading takes longer on the darknet, so be patient.

monero holders are the worst midwits in the whole space and it's not even close

>>54825895
>monero holders are the worst midwits in the whole space and it's not even close

Start posting those adorable price action charts!

Is 100 XMR enough to make it?

>>54826379

>>54826384
Isn't that outdated?

>Trusted technology, growing adoption

Zcash was launched by one of the most respected technical teams in the world.

Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.

Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.

Multiple, independent organizations are funded to innovate on Zcash.

Zcash is already available on top exchanges, digital wallets and a growing number of applications.

This is what Monero chuds dont want you to know.

Buy Zcash if you actually want to make it.

Monero bros, do you have the full pdf or link where I can find this?
I googled the Case 1:17-at-00557 but can't find the full document.

>>54826474

What gave you that idea?

Need some advice
I missed a word when I wrote down my mnemonic seed for my GUI wallet. I do have the checksum word at the end, so I'm not missing that. I was thinking that I'd be willing to go through all of the words manually in each individual slot in the seed, but the GUI takes forever to sync so that'd be a huge fucking drag to verify if there's funds in the wallet.

>>54827074
https://www.justice.gov/opa/press-release/file/982821

>>54829205
Interesting read. Picrel is another prime example of the relevence of this weeks opsec discussion on compartmentalisation >>54824254

>>54827347
The post date

>>54829335
>This page is no longer available. It has either expired, been removed by its creator, or removed by one of the Pastebin staff.
what did he mean by this?

>>54829485
Well, shit. Thanks for pointing that out, ill put up a new link shortly

>>54826493
>Buy Zcash if you actually want to make it.
this would make a good addition to my bag, desu
after seeing a good trader grade on it on token metrics
>Monero too is a nice play

>>54829485
>>54829497
Seems i am being cucked by pastebin moderation faggotry. I'll see if my new paste is made available later today and post the link, otherwise i'll be finding a new spot to archive the weeks discussions.

>>54829482
>The post date

Trips of Truth trump all.

>>54826379
Might want to up that to 105 to account for tail emission

>>54831148

Tail emission is increasingly offset by coin loss as adoption grows.

>>54826379
There two possibilities:
xmr will gain big in which case 10 will be enough
xmr will continue to crab in which case 100 won't be enough

Only time will tell what will happen

MONEROMARKET.IO

>>54829656
Now featuring working links kek
>Previous weeks discussion
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/fduPVLmV
>OpsAnon's public key
pastebin.com/kiEVscyb

Thoughts on this?

https://www.wired.com/story/gadget-lab-podcast-585/

Andy Greenberg: "it does actually seem like sometimes monero, much to the surprise of all of these people using it, can sometimes be traced. monero people hate it when I point this out. In this big case that happened about a year ago where these two New Yorkers were arrested and accused of money laundering … You probably heard of this case because the woman in this couple had posted these terrible, super cringey rap videos on YouTube. $3.6 billion was seized from this couple, the biggest seizure of money of any kind in US criminal history. They had actually transferred some of that money into monero. Yet, you can see in court documents that the IRS criminal investigators, who were the central detectives in that case, continued to follow it and to identify them as the ones holding it. There's actually even leaked Chainalysis documents that appeared on the dark web that show that Chainalysis says to its law enforcement customers that it can trace monero in the majority of cases."

>>54833819

This has already been discussed to death, basically he has no idea what he's talking about.

>There's actually even leaked Chainalysis documents that appeared on the dark web that show that Chainalysis says to its law enforcement customers that it can trace monero in the majority of cases."

^^ Case-in-point.

>>54833895
he's bullish on zcash

"But I feel like I have to also mention that there is a newer cryptocurrency, zcash, that does seem to be truly untraceable, that uses these new, almost magical-seeming cryptography tricks called zero-knowledge proofs to basically fully encrypt its blockchain, so that there is no information for blockchain analysis or tracing of any kind. That may be finally the untraceable cryptocurrency that people believed bitcoin was. Yeah, as you say, Lauren, it's going to be really interesting to see if zcash is more adopted, and if it is, if it becomes this popular tool for crime or what people once called crypto-anarchy, carving out a space where you can't collect taxes, you can do any black market transaction you want, will that lead to some sort of regulatory backlash where regulators try to ban zcash or prevent exchanges from letting you buy and sell it?"

>>54834025

>basically he has no idea what he's talking about.

Zcash has literally zero darknet adoption while Monero-only is rapidly becoming the default mode for new markets.

This dipshit has never spent a second browsing the darknet and it shows.

Should have used Monero

https://www.wired.com/story/operation-spector-dark-web-busts/

"Cops Just Revealed a Record-Breaking Dark Web Dragnet
Operation SpecTor likely drew on leads from multiple dark web market busts, including the secret takedown of Monopoly Market in 2021."

>>54823770
heh. was bigger around when SVB went tits up.

>>54833819
They were in xmr for I believe for 30 minutes before trading out. It wasn't hard for the glowies to follow the money on large trades.

>>54834901

The XMR wasn't traced. They swapped it for BTC on a centralized exchange and voila. Its all detailed in the indictment.

>>54834978
Normals and jews are so incredibly stupid

Aaaaaaaaaand hot on the heels of Sonanza Market + Hamas ditching Bitcoin, yet another Monero-only market has just launched.

Say hello to Drugula. Will be added to the list.

>>54836503
>cocaine
On behalf of all XMR holder, I want to wish all Drugula users good and safe commerce!

For those reading The Sovereign Individual or following along with the discussion, here is an interesting supplementary video for this weeks chapters:
https://youtu.be/WrNOT2OiykE
>"A Call to Return to the Land"
Essentially the video advocates people to leave their 9 to 5 careers behind to form tech-minimal self sufficient communities based on family values, farming, bartering, and aesthetics. The viewpoints and goals outlined in the video seem to be tailored towards disaffected middle class people in western societies, which is logical since they are losing the most ground due to inflation with no riches or gibs to prop up their quality of life.
While the video only has ~70k views, it has overwhelming applause in the comment section. I think this is an early validation of the predictions in Chapter 9 about a neo-luddite reaction to diminishing quality of life in failing nanny states. It will probably get more violent and nationalistic in the future when the lower class gets involved, but for now I think the trend will remain non-violent, and mostly contained to middle class types.
If we can identify new-forming Subreddits, YouTube channels, Tik-Tok channels, or other communities involved with this sentiment and demographic, we can shill XMR to them and possibly get Monero integrated into a grassroots movement that is only beginning to to take form. These types of people crave liberty. They will love Monero for that reason, and in fact they need it because they are literally getting financially cancelled.
For example the Asha Logos guy who made the video got banned from Patreon for his "Subverted History" series and was apparently forced to adopt crypto to continue receiving his donations. I imagine he would be very open to the idea of Monero given his values and plan laid out in the video. Yet, he has no XMR address listed, and probably doesn't even know it exists.

After an unforseen personal event and the death of my printer, I've managed to get a smaller batch of plushies sent out. Thursday/Friday and on the weekend I should have a lot more time to ship a lot more :)

In unrelated news, does it make sense to invest time and learn python langchain (starting from minimal coding experience) or will LLMs progress so damn quickly that it's barely worth it since you will be able to just feed any documentation into them and have em come up with the code you need?

>>54829205
Thanks, Anon.

Fun fact: Monero has to steal Zcash's tech to stay relevant.

We all know how this ends kek

>>54841282
Interesting read, after reading a few of these cases you realise you're far more likely to break your own opsec than your currency being the "smoking gun", in half these cases even the guys who used btc and were traced, it was usually just the cherry on top of the shitpile of opsec mistakes. With that said youre safer using monero.

>>54842056
Yeah, we all know the tech will be actually used by the digital cash *community* instead of the government regulated asset™.

>>54834025
Fuck people are so stupid. The entire problem with zcash privacy (besides the backdoor) is because it's built to be used exactly how those dumb Jews used Monero. You can't just use bitcoin and then swap in and out of Monero for 5 minutes. Same thing for z and t zcash addresses.

>>54842626
Wrong image fuck.

>>54842056

lol "steal" Zcash literally "stole" code when it forked BTC

Retard

>Nooo you can't change bitcoin because le whitepaper is le perfect
>But we can't follow the whitepaper on this one we just can't, bitcoin needs to be secured by quantum physmics and moores butthole!!
Name me something more pathetic than a bitcoiner. At least the retard who buys doge or similar tokens knows how stupid it is, surely.

>>54825697
I fucking hate CBDC coin and everything that it stands for.

>>54826474
it was calculated for tail emission or something idk, not like it fucking matters the "make it stack" bullshit is literally meaningless drivel to encourage you to HODL HODL HODL like an animal. Buy as much as you are comfortable with buying.

>>54842056
You can't steal ideas.

>>54843750
This.
The imo the most grating thing about maxipads is how delusional their self conception is. They think of themselves as open minded free thinkers who are the only ones who can see the big picture and potential of cryptocurrency whilst they ignore 99.99% of it's actual potential and try their hardest to stifle actual innovation. The next most grating thing is their enormous entitlement, every $ spent on an altcoin is a dollar they feel was robbed from them. They should all be killed literally and unironically.
It's funny watching the growing cope and seethe about monero and the evolution of FUD (all other coins are shitcoins -> c-coinjoin is m-more pr-private ->okay so it's not more private but unlimited supply!!)
>>54838435
I've read it before, staying on the maxipad topic the amount of retards who think the book is somehow describing bitcoin is astonishing. They describe a PRIVATE electronic currency that enhances the individual's ability to circumvent the state by virtue of its PRIVACY.
It is almost the antithesis of king shitcoin, there is no tax evasion in bitcoin world.

>>54834167
BTW, ZCash shills think darknet is simply the internet used by african niggers. That is why you see so many africans wearing ZCash merc.

Ok this may sound like a retarded question but explain whats so wrong with data collection basically how does data collection enslave you i feel the internet of things has more potential than dangers

>>54844776

>>54842626
>>54842635
lmao found the commie


Monero is the final solution to the taxman problem.

Posting u/sosoupup's question here:

As monero is the obvious crypto that can actually be used as a day to day currency.

Monero should(?), if possible, implement a digital banknote.As an specified amount you've set to be free for all.

Like a 0,001 Monero with a code 05423af34[...]4382ee32, if you have the code you can move it to your own wallet without any other security measures.

I have a wallet with 1 monero. I decide to make 10pc 0,001 bills and 9pc 0,01 bills.Those are transferred from my wallet to 19 different strings of code; Monero-Bills.Anyone who get in hold of those bills owns them (if they decide to transfer them to their wallet).I want to buy something, I give the code/bill. It's theirs.

Why do with bills instead of just sending?If I want to pay with monero on a face to face deal, like in a bar, a supermarket, a drug deal, a fruit wendor, whatever. Their will to rob the buyer is there or might be there, but they will only be able to rob him of the bills he has, nothing indicating he actually has his wallet on him, since having a wallet with all his stash would be a dumb ass idea when he instead can fill it with digital Bills.

It's also another layer of anonymity. A code anyone can take hold of.

Maybe it's not even technically possible, but if it's possible I'm damn sure it's the Monero team to do it.

Is that even possible Sam?

>>54832689
To me that was just more proof that I'm being gangstalked by nahtsees..
I'm not sure of the details, but if I'm remembering correctly pastebin is pozzed, maybe you all should try something like rentry in the future

>>54845113
Yea, im not sure what the holdup was, but i have the txt files of each weeks discussion so i can always find a new place to archive them in the future

>>54845073
Kill yourself, retarded redditor. Only an idiot would think about physical crypto

>>54833895
OMG the navel is too sexy

>>54844917
based

>>54834978
>yes goy, believe the definitely not parallel constructed indictment.
>we would never try to trace any privacy coin,just throw our hands up and ask for the community to do it for us
it seems nobody trusts the government more than monero bagholders

>>54845073
Funny enough you could do something like this with a fedimint that issues chaumian e-cash backed by monero 1:1, but the mint would be able to print unlimited notes without anyone knowing. It basically wouldn't be much different than banks we have now except anyone would be able to operate a fedimint.

>>54845807
>yes goy the government would never lie about how powerful it is
>they have quantum computers to break all your cryptos and micro-nukes to destroy your pitiful bunker innawoods without anyone noticing
>and if you somehow manage to avoid it we'll just kill you with our DEWs we have stationed on the moon
>because we definitely landed there

>>54845904
why do you baggies and only you baggies lap it up then?
even the monero developers know how vulnerable it is in its current state, but the good goy bagholders don't want to hear any of it.

>>54845975
k, sell then

>>54845975
I could not find the original menorahlisa sell it meme, so make do with this one.

>>54846060
>sell
monero isn't an investment, if you have any to sell you're using it wrong

>>54846101
k sell your monero for drugs then

>>54846087
The original, there are like a dozen from the set but this was the one from the meme

>>54846087
>>54846192
Also this was from some blog post from someone and they were taken at Euphoria 2011

>>54846192
Is that Alan Cumming?

>>54836503
how do i find this

>>54845975
>cites dev concerns with zero context
>muh vunerabilities!
No shit, there are vulnerabilities in even the most secure environments, thats why devs continue working, but that dosent mean it dosent provide good protection. You're a conspiracy peddling faggot who only exists to concern post, never to provide any useful discourse.

>>54845759

>>54845975
>even the monero developers know how vulnerable it is in its current state

Ah, our resident concern troll. Never a dull moment with you around!

>>54846087
>I could not find the original menorahlisa sell it meme

>>54846214
>Also this was from some blog post from someone

Photographer died a while back.

>>54846231
>how do i find this

http://drugula44brpin5w2xk6j3adll35pp3zdihqqkndhg336j55pwdtufyd.onion/

And if any DNM admins are lurking in here, for the love of Allah set up an I2P mirror for your onions, its CURRENT_YEAR!

>>54848146
Is i2p still under that floodfill attack that was going on last week?

>>54848179

Yeah, devs are working on it.

>Extending the length of the exploration tunnel and reducing the mass to 6 hop 1 tunnel also seems to mitigate the attack
>But to be honest the best way is to add the java version of sybil analysis and block list function.

https://github.com/PurpleI2P/i2pd/discussions/1918

>>54848243
Wonder who's behind this one, on tor is common for competing markets to ddos each other, but i2p popularity isnt really that widespread yet and it wouldnt make sence to ddos the entire network if its competing markets. Whole network attack glows like crazy.

>it's over
https://old.reddit.com/r/Monero/comments/134jbdt/security_advisory_new_attack_from_malicious/

>>54848849
That redditor is a §ôýboy. Breaking monero showed this has always been possible.

>>54848849
>going to faggit
>at all
>ever

You deserve to have your air rationed.

>>54849201
>>54849201
Yea its old news, which is why everyone tells you to run your own node, or at very least use a "trusted" remote node but for obvious reasons the former is preferred

>>54848146
thanks fren

>>54824254

Sorry I'm new to this so it might be a retarded question...

You gave us your public key but what purpose do it serves ? Did you sign something with it ? Do we have to verify something with it ?

>>54851094
You can use math to be certain that the individual who controls that key signed something, whatever that thing might be.

>>54851094
This>>54851139
Read the pgp discussion for a better explaination on the use. Its probably unnecessary, but wince its an opsec series its fitting

>>54846101
That's what Monero holders say whenever the price is down. But whenever it's up these threads turn into "Monero to the moon! We're flipping Bitcoin!" I don't mind the price doesn't matter narrative, if you guys consistently stuck with it. But a lot of people here are holding Monero long term, even though it's intended to be a currency, not an investment.

>>54851620
Price action is literally never discussed in the general, weak b8

>>54851620
>But whenever it's up these threads turn into "Monero to the moon! We're flipping Bitcoin!"
I can't recall a single instance of that happening, and this thread actively discourages moonboys or however they're supposed to be called.
The only posts regarding the price fluctuation of Monero boil down to posting "Poompa", "Doompa" and crabs.

>>54851722
I can. When Monero's price in sats was going up our general got flooded by moonfags who have now fucked off.

>>54851665
>>54851722
Over the last year+ when it ran up to .009 BTC that's all anyone was talking about.

>>54852338
yes because moonfags from other communities infested our communities and then left when they were not accepted.

I still think monero will flip bitcoin, because bitcoin has no usecase

>>54851620
Monero is digital gold that bitcoin failed to be

>>54852338
Bro, we need to pump those sats up

>>54852355
Then presumably no one in these threads is holding Monero long-term, in the same way that no-one should hold cash long-term.

>>54823703
lmao the absolute state of monero cucks

>>54848849
lmao another hard fork monero nerds hope there's no undetectable inflation bugs in this or any of the last 30

>>54852622
Presumably you're a stupid funding faggot

Monero is digital gold, possibly the most secure unseizable asset on earth

We don't need you here

Go debate with xrp scholars more on your level

>>54825895
>>54852625
>>54852650
Too much vitriol to come across as anything other than b8.

>ETH-XMR atomic swap beta release

Hey all! I'm happy to announce that the ETH-XMR atomic swap beta release, which has been deployed on mainnet, is live and ready to be used!

You can find the release notes and instructions here: https://github.com/AthanorLabs/atomic-swap/releases/tag/v0.2.1

A few notes on the release:

- it's currently CLI-only. a UI/GUI is the next big milestone, but for now, you will need to use the command line.

- if you're on Windows, it's recommended for you to build with Docker, as the program has been tested primarily on Linux only.

- there is a permissionless relayer system in place, so that you can make XMR offers and receive ETH without having any ETH to begin with. relayers get 0.01 ETH of the swap value in return for relaying. it's highly recommended if you have any spare ETH to run a relayer! it helps with the resilience and security of the network.

- the swap operates on a maker/taker paradigm, where XMR-holders must be market makers and publish offers and ETH-holders must be the takers of offers. thus, XMR-holders are essential for providing liquidity to the swap! if you have any spare XMR lying around, maybe try your hand at being a market maker :)

- as always, use at your own risk. although it's been thoroughly tested, there are always potential failure cases, especially if you're using remote nodes. if you encounter any issues while using the swap, you can open an issue on github or message in the Matrix chat.

This has been a long time coming and I'm really excited to finally announce this! As always, if you have any questions or suggestions, feel free to message in the Matrix chat. Huge thank you to the community for your support, and I hope you enjoy using the swap :)

https://www.reddit.com/r/Monero/comments/1382rva/ethxmr_atomic_swap_beta_release/

>>54823703
Hahahahaha monerocucks

>>54852456
>gets dumped on by devs who printed an unknown amount of monero for themselves
Wat nao?

>>54853761
Prove it, or don't

>layer 2
>monero needs a layer 2
>to scale we need a layer 2
>I am just wondering when we are getting layer 2
>How about a layer 2
>any plans for layer 2?

>>54851620
>We're flipping Bitcoin!

Monero is slowly flipping bitcoin in terms of actual market place use, not in terms of being wash traded on goynance. What this means for price remains to be seen

What motivates FUDfaggots?

>>54854470
So why doesn't the downtrend end?

>>54854607
Because USD->XMR->Darknet purchase->XMR->USD doesn't do anything for Monero's price. You're just moving around USD with extra steps.
You need people to buy the store of value meme, even if it's just a meme. The "Monero is a Swiss vault" poster had the right idea. Right now is the best time, while the inflation rate is still lower than Bitcoin. No one cares about if it's actually used. Store of value, price, and inflation are what matter for adoption.

>>54854700
>The "Monero is a Swiss vault" poster had the right idea. Right now is the best time, while the inflation rate is still lower than Bitcoin.
It's also true, the best way to protect your wealth is to hide it. A store of value is worthless if you can't protect it from looters

>>54854607
>>So why doesn't the downtrend end?

Do you even understand just how artificially manipulated the crypto market is? Don't expect any rational price action until after the Big Crash that is inevitably coming, once the rampant wash trading has given way to organic supply and demand, then we'll see what's what.

>>54854784
That's an abstract ideal though, 99.9% of people don't really care about privacy or freedom, they care about getting rich right now. All the superior tech and freedom in the world won't beat that desire. The "it's a currency, we don't care about the price" posters aren't going to do it for normies.

>>54854853
That's not what I was saying at all. I was agreeing with you re. Swiss vault analogy. People might not care about privacy now but they'll care when the asset seizures start.

What is the least painful method to commit sudoku?

>>54854915
Apologies, my misunderstanding. I see your point now.

>>54854915
Though I don't think it's value proposition should rely on future likely asset seizures. People should believe Monero will make them rich even if the government were to fall in-line, rather than being dragged into crypto kicking and screaming.

>>54854795
That's just like every other market. If xmr's utility is that good, holding it is no different than hoarding ammo or wood. In a scenario where the value of those things skyrockets, having sound money is the least of all worries. So there's no use investing in it long-term if a non-apocalyptic world continues to exist, not even in a dystopian future. Its only value right now and mid-term is as any other alt: as a potential trading pair to accumulate more BTC.

>>54854470

And then Zcash will flip Monero, superior tech always wins in the end.

>>54855051
I agree with that and think the taboo around price discussion is taken too far, price increase is only a positive so long as it's not at the expense of privacy.
But I think it's worthwhile to play up the security benefits of monero so that it's the first thing people think of when anything happens.
I also think the Canadian Trucker Convoy was a missed opportunity for Monero. It was a well publicized event where bitcoin failed and people were ruined because of it. Monero would have solved that problem, there was some minor talk about it in the aftermath but it really could have shined and the entire world could have seen just how much better it is in comparison to bitcoin.

Pro russian telegram recommending and using monero to support the Admin

>>54855243
What would have been a creative way to make the most of that opportunity and make Monero the star of the show?

>>54855222
when does zcash stop hitting all time lows

>>54855677
Honestly I'm not sure how we could have done it at the time without regular mass shilling. I think the problem was that the public and the participants were simply unaware of it, this is why I think we need to bolster its reputation as secure, reliable and safe (like an old swiss bank).
That way the next time an opportunity arises it's the first thought in people's minds instead of bitcoin, the failure of which should be amplified (although there are a lot of loud screaming maxipads).
Bitcoin's failure can be used for Monero's gain.

>>54855621
$7k sent to that btc address mostly from fixed float, wonder what people were converting from to send them btc

>>54853338
Thanks for the info, its good to have this kind of developments. Im not personally excited since i dont have a reason to swap to eth but im happy to have the bridge for people who needs it.

You said that the next big milestone is the GUI and im asking this from my ignorance. Isn't making the gui not a big deal? I mean, all the code thats doing the logical stuff is already done. You just need to create buttons and link them to the commands... isnt that kinda ez for programmers or when working with cryptocurrencies it gets trickier?

>>54857766
Front end is different kind of "hard".
You have to make it intuitive, simple yet cover all the functionality.
So yes, there is less to go wrong from the technical side, but the UX can make or break applications.
That being said the subset of users that use crypto and know what xmr is so small and they are usually highly experienced with computers so even dogshit UI should be enough.

>>54848068
Tonks!
By the way, do we have a Magician monerochan?
Something like Monerochan saying 'trahentium evanescet' and all your money becomes private.

>>54857990
>>54848068
Tonks!

By the way, do we have a Magician monerochan?
Something like Monerochan saying 'Trahentium Evanescet' and all your money becomes private.

>>54845073
You can already do this if parties trust each other. Make a paper wallet, transfer funds to it, and hand it off. The problem is the guy your paying has no guarantee you won’t remember the keys and steal those funds. There isn’t a simple way around this.

>>54842626
kek

>>54855202
so just kill yourself then

ohnonono!
https://youtu.be/yq_cOVHr8Pg

>>54854784
>>54854700
this. Monero is a store of value, which is private by definition of a store of value. It works as a currency, as a side effect.

MONEY IS NOT A PRIVACY COIN. It's simply, a store of wealth

>if the world is going to shit then I would just kill myself

literally woman line of thinking, you know how many stupid whores I left swiped saying they'd just die if a zombie apocalypse happened on bumble, probably 200

and also, regardless of how good or bad times are, monero will be the good within that, and we can only do good, so monero is the only option

another shit tier fud defeated

>>54858734
>monero
>partial privacy

>what is seraphis ring size bump
>what is upcoming full membership proofs

debunked sweaty

>>54827956
Can likely be scripted: loop through all words, compute checksum for each, and when it matches you found your seed.

>>54858859
>debunked sweaty

you say debunked but it sounds like acknowledged.

>things will surely happen at an unspecified future date, that will maybe fix our completely broken privacy

that is what you just said.

>>54855202
>That's just like every other market

Uh, no. Wash trading is flat out illegal in regulated markets and engaging in it will put your ass in prison.

>Wash trading has been deemed illegal in most jurisdictions. For instance, the United States enacted the Commodity Exchange Act (CEA) in 1936[1] to prohibit wash trading. To comply with regulations, most regulated stock exchanges have implemented protective measures, such as Self-Trade Prevention Functionality (STPF) on the Intercontinental Exchange (ICE).[2]

>However, in some unregulated emerging market, such as cryptocurrency,[3][4][5] the practice is common.

https://en.wikipedia.org/wiki/Wash_trade


>Its only value right now and mid-term is as any other alt: as a potential trading pair to accumulate more BTC.

Why the fuck would any rational person want to accumulate more of a fraudulently inflated asset that is demonstrably losing real-world economic relevance?

News flash, hotshot: THE BTC MARKET PRICE ISN'T A REFLECTION OF ITS ACTUAL VALUE.

>>54860714
>Why the fuck would any rational person want to accumulate more of a fraudulently inflated asset that is demonstrably losing real-world economic relevance?
This can be said about literally any crypto.
>MARKET PRICE ISN'T A REFLECTION OF ITS ACTUAL VALUE.
Same can again said about every crypto, xmr included

>>54861492

In this market? Absolutely, even Monero can be wash traded. But what sets Monero apart from all the others is that it has growing demand from non-speculators who flat out NEED it in order to acquire goods and services on the black market. BTW, this is demand that *used* to met by BTC.

In other words, at least a portion of XMR's current price is related to real-world economic activity, which is projected to only grow in future as more and more normies get comfortable with ordering contraband online, not to mention what getting adopted by a multi-trillion dollar industry could do.

>>54851665
you fags keep posting your “it’s not a moon mission” nonsense like that’s a fuckin good thing. If I even need monero i’ll buy it spot (after it craters in value against my other assets)

fuckin checkmate homos

>>54862678
>after it craters in value against my other assets

lol your other assets are wash traded ponzi tokens with nothing meaningful propping them up.

>>54862724
I'm not sure that image is the sick burn you think it is

>>54862802

Get in, faggot, we're going to the moon.

>>54862827
>> no intelligent investment decisions can be made ever, and no one has ever made money from buying Bitcoin

you monero Maxis are something else

>>54862952
go suck fed's cock faggot
maybe they will give you trickle down cum-economics

>>54862952
>no intelligent investment decisions can be made ever,

Sure, as long as you have an IQ above room temperature.


>no one has ever made money from buying Bitcoin

Yeah, by riding the wash trading tsunami and dumping on the incredulous fools who still believe the hare-brained maxi narratives.

What's the current best practice to cash out of Monero?

You are supposed to open clearnet shop and sell digital ebooks for $2000 usd in xmr or something right?

That way you can report your sales to the tax man and pay them as normie income right?

>>54863104
>Bitcoin's price goes up
AAAAAAAAHHH IT'S BEING WASH TRADED! PAPER BITCOIN PRICE MANIPULATION BY BINANCE
>Monero's price goes down
AAAAAAAAHHH IT'S BEING WASH TRADED! PAPER MONERO PRICE MANIPULATION BY BINANCE

>>54863932
>price

lol meaningless metric in this clownworld market. Real-world economic activity is the only thing that counts.

>>54863872
>What's the current best practice to cash out of Monero?

Set up a consulting business that only accepts XMR.

Or just buy bullion and sell for cash.

>>54864018
You are right, it is a clownworld. And it won't stop being one overnight. People understand this, and want to gain or maintain their wealth in such a world, so care about price more than anything. Go ask 100 people what they care about, and they'll all say price.

>>54864018
Here's a good piece elaborating on it
https://youtu.be/ERRT33K2DPQ

>>54864048
>Or just buy bullion and sell for cash.
See this always felt like I had to drive too much, I'm lazy af. Also I heard they have to report more than 10k a month anyway.

Besides, I'd rather have normie paper trail so they can hold it while they pick their noses.

>>54864048
>>54864293
Does Kraken have a pay button thing where you can instantly convert to fiat? That would b dope.

>>54864124
>You are right, it is a clownworld.

Astute observation, chap.


>And it won't stop being one overnight.

lol famous last words.

Crypto is hanging on by a thread called Tether: https://www.nytimes.com/2022/06/17/technology/tether-stablecoin-cryptocurrency.html

The whole thing could implode literally overnight if/when USDT rugs.


>People understand this, and want to gain or maintain their wealth in such a world, so care about price more than anything.

So? As you might have noticed, most people in this market are spectacularly stupid and think buying literal dog memes is a sound investment.


>Go ask 100 people what they care about, and they'll all say price.

Sure they care about price, problem is they're too stupid to realize they're being manipulated.

And all those morons will FOMO into Monero once reality punches them in the face and they realize that fundamentals were the only thing that truly mattered.

>>54864581
>bitcoin implodes overnight
>everyone flees to monero

>>54864637

What else is there to flee to, Doge?

>>54864675
You can t seriously think anyone will be fleeing to any crypto if Bitcoin, the foundation for the entire space, implodes. Or that your entire value proposition for Monero (in which price does matter it turns out), involves the most ridiculous chud fantasy. We've already had a huge apocalypse, banks failing, FTX, 3AC, and yet Bitcoin has come out of it fine.
And sure, things in their current form will change or go away. But Rome didn't suddenly collapse one day, it was a slow process taking centuries.

>>54864581
And imagine quoting some journalist from the Jew York Times, of all things, lmao.

>>54864675
Nigerian eNira is where it's at.

>>54864779
>You can t seriously think anyone will be fleeing to any crypto if Bitcoin, the foundation for the entire space, implodes.

If you're already in crypto and its imploding then fleeing to the only crypto that has a virtually *guaranteed* floor due to growing non-speculative demand is the obvious play if you aren't a complete midwit.

Its either that or keep holding and enjoy the ride to potentially zero.


>Or that your entire value proposition for Monero

The entire value proposition for Monero starts and ends with it being electronic cash, a viable alternative to CBDC Fedcoins, a fully fungible medium of exchange for the shadow economy, maybe a store of value if you really want to push it. That's it. Anything more than that and you're in Fantasy Land.


>We've already had a huge apocalypse, banks failing, FTX, 3AC, and yet Bitcoin has come out of it fine.

Ever hear of death by a thousand cuts? Every crypto crash/fraud takes its toll, induces yet more fatigue, creates yet more skeptics, invites yet more onerous regulations.....until eventually its too much to bear and the entire thing implodes.


>And sure, things in their current form will change or go away. But Rome didn't suddenly collapse one day, it was a slow process taking centuries.

I suggest you read a little into the history of speculative bubbles, especially the Dot Com Bubble. These things tend to go relatively quickly, especially now that (dis)information spreads so rapidly.


Bottom line: BTC and everything else that doesn't derive value from real-world economic activity is an overhyped, fraud-ridden house of cards that inevitably WILL collapse at some point and probably when you least expect it.

And when that happens Monero will almost certainly also take a hit but given how critical its becoming for shadow economy applications it should eventually recover and may end up reaching new highs. Or not. But it will continue being used until something better comes along.

>>54823703
Use their onion or I2P address.

bros can monero just crash to 70 dollars for a year so I can get my billionaire stack

almost made suicide stack bros

>>54867734

Never disclose.

>>54823661
Anyone got info on how btc is fucked due to halving. Arguing with someone on it.

>>54867809
btc is fucked due to being not great money

but as it turns out, you can't run "great money" at scale decentralized so.... there basically is no winner takes all. all this shit breaks at scale. Monero works really well at sub bitcoin scale, but the future is a basket of L1s, none of which can be ubiquitous because they all break when they make a shot for it.

Bitcoin will be the first to really break. Maybe that's what he means. Has nothing to do with halving tho.

>>54867809

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

>>54855775

Once privacy becomes mission critical. Then you will see how fast Zcash hits 5 figures.

Still not too late to go all in and set yourself up for life! ZEC to 10K by 2025

>>54868417
When your crypto has a legal department, it might be a security. With that said, I don't need a court jew to interpret the Howey test.

>>54867850
You're missing that technology lowers the break even point. If people were still CPU mining, BTC breakeven would be like 100x what it is now.

>>54852456
>I still think monero will flip bitcoin
>fucking imagination
Bitcoin is the only one that matters for all i care, got a bunch of it in the sylo wallet waiting for the big pumpa

>>54855222
>>54868417
>i am stupid to use bots to shill but at least i learned how to buy nordvpn

When atomic swaps with BTC? it's been ages, is this just not technologically possible?

Is world governments making it illegal bullish or bearish?

>>54870007
Bearish most likely, though this doesn't mean Monero will stop being used. Especially judging by its use in shadow economies

>>54870145
> Bearish
Yea, how has that war on drugs worked out?

>>54862827
>RuzXqEmd
Do people unironically watch shut king shitcoin videos with zoeyboy faces in cover pictures?

>>54869989
BasicDex

>>54870383
True, though it will reduce general population from adopting it. Also depending on how hard they go make it very hard to get quality info for those interested in Monero.

>>54870007
>Is world governments making it illegal bullish or bearish?

Bullish as fuck. Outlawing Monero signals it works exactly as intended and is enough of an actual threat to warrant such action.

Meanwhile, what kind of signal does outlawing Monero but NOT Bitcoin send? Who is going to trust crypto the government is seemingly OK with?

>>54870835
>Also depending on how hard they go make it very hard to get quality info for those interested in Monero.

Which is why popularizing the darknet is mission critical.

>>54868417
>ZEC to 10K by 2025

We shall build the citadel in El Basador, bukele just passed a law saying no taxes on technological development, computer manufacturing or crypto

It's only a matter of time till he makes xmr the national currency

This is the problem with compliancefags, we will not comply, and other nations will not either

The profit is too great

>>54871141
Sovereign Individual bros... its habbening

>>54871141
>>54871192

Don't get too excited, the whole crypto experiment will likely be deep-sixed as soon as he leaves office, it not actually something the citizens want or care about.

>More than a year after Bitcoin became legal tender in El Salvador, a new poll Tuesday showed most people in the country consider the controversial move by President Nayib Bukele as a "failure."
https://www.france24.com/en/live-news/20221018-most-salvadorans-think-making-bitcoin-legal-tender-was-failure

>>54871057
Agreed

>>54871241
He just signed the law retard and everything else he's done has been massively popular

Also South American heads of state don't step down from power, he'll win atleast 2 more elections and then rig them or make himself dictator

The only way he gets ousted is a color revolution by glowniggers and he gets killed

>>54871273
>The only way he gets ousted is a color revolution by glowniggers and he gets killed

Indeed.

>>54868417
>ZEC to 10K market cap by 2025

>>54868762
>muh moores law
You assume without proof that technology will always exponentially improve. Technology has an S curve.

>>54869989
https://unstoppableswap.net/

Reminder that this is the kind of legalistic bullshit you have to deal with if you are active in the Zcash™ Community.

>>54823661

Your participation needed:

Global Hyperinflation. General /GHG/ >>>/pol/426066516

>>54871797
The current innovations are more related to the cost of mining anyways, miners receiving cheaper rates, or even subsidies, in exchange for adjusting their usage in response to the grid's needs.

>>54871057
True, but its difficult to push because it requires normalfags to learn something. Social media has turned even the younger generations into tech illiterate retards.

>>54873028
Tldr, dead coin, jews etc

>>54873028
Kek. I dont understand why its even shilled as a "privacy coin", none of them bother using shielded pools anyways

How do I set up a local rpc? I've got a wallet connected to remote node on stagenet. I was wanting to then talk to it using wallet-rfc. Any guides or help on this? I assume I need to expose this wallet or get it running more as a node itself?

BREAKING NEWS: ASAP Market has just announced they're ditching Bitcoin and going Monero-only due to BRC-20 token activity driving up fees.

Pretty big deal since ASAP is one of the top-tier markets, remains to be seen whether its permanent or not but I'd wager it is, once you go fungible you never go back.

Extra shitty week for BTC lol

Spacecat should move at the end of May if you're looking to up your XMR holdings.

>>54826379
Total crypto noob here. What is "making it" ?

in theory xmr is the only crypto that matters, but i got out of it as soon as i realized govts can just destroy any exchange which interacts with a monero wallet indirectly. parallel economies are interesting in theory but impractical. the route to privacy is the absolute destruction of the state and its surveillance apparatus. we are totally screwed at this moment without exception

>>54876743
>govts can just destroy any exchange which interacts with a monero wallet indirectly.

No shit, that's why so much effort is being put into developing user-friendly DEXs like Haveno and Serai.


>parallel economies are interesting in theory but impractical.

The shadow economy is by definition a parallel economy and has universally been a thing since civilization began.


>we are totally screwed at this moment without exception

Obvious demoralization troll is obvious.

Zcash is about to explode, don't say you weren't warned!!

>>54877231
imagine someone traded 7 bitcoins for 1 zcash back in 2016 lmaoo

>>54877231
The fact that people like Barry lost so much money on this makes me feel warm inside.

>>54878326
They lost that money to enrich a cabal of scheming jews though.
On the bright side it exposed snowden as a sell out stooge

>>54871192
My boy bukake cant stop winning and making commies rage. If i ever start a tech company ill set base in el saviour and brag about 0% taxes.

>>54877231
>Zcash is about to explode, don't say you weren't warned!!

You reek of desperation.

why all other privacy coins and privacy optional coins keep going to zero?

Gotta love losing 40% of your transaction because Trocador told you one exchange rate but the exchange provided an entirely different and far, far worse exchange rate. An exchange rate so awful you never would have agreed to it if you were told the actual numbers.

This is embarrassingly bad.

/XMR/ general weekly book club - WEEK 4 being late edition

I messed up to a degree. I had an uncorrected typo saying chapter 10, instead of chapter 9 and forgot to update the main site. Hopefully, everything is in order in this post. Also posting this late because, I hoped to wait till the thread is over, so discussion wouldn't be cut off/split between threads. Without further ado, let's get to the actual book.

This is the fourth week of the book club, entailing chapter 9 of the book "The Sovereign Individual" by Sir William Rees-Mogg and James Dale Davidson.

Now the description:

>Chapter 9: Nationalism, Reaction, and the New Luddites
>He writes, “Continuing intensification of communications and transport, instead of favoring national consolidation, has begun to work in a contrary sense, inasmuch as its range transcends existing political and ethnic boundaries.” 2 As the world “becomes smaller” and communications improve, the accidental and “intrinsically absurd” claims of nations and nationalism are bound to weaken.
The title does a pretty good job of describing the contents. Staring off, it presents how "sharp discontinuities" will manifest themselves as we transition to the Information Age. Afterwards, the authors examine nationalism and societal duties from a biological viewpoint, explaining how sentiments from large hunter-gatherer tribes were translated under the nation-state and why it is ultimately just a tool for consolidating power. Applying this logic to the transformation of the Information Age provides a clear understanding why nationalistic and protectionist sentiments were able to rise alongside progressive ideals, with both serving to ease the masses' discontent from the coming transition's negative effect. However, this won't suffice for long as politics is not the ultimate power that many desire it to be, ultimately resulting in the masses of people with dropping real wages and governmental benefits to turn violent.

>>54882660
Questions:
1. The authors exemplify language as one of the things that was bound to be nationalized with the introduction of the printing press. Interestingly, a very similar phenomena played out with currencies, with national banks consolidating the a national currency. Is the same bound to happen in the transition to the Information Age? If so, in which way? If not so, why not?
2. Because nation-states are current "governments of employees" a majority of the population is a "tax consumer". Will smaller sovereignities be able to form in peace or by accident of nationalism? Or will guerilla warfare (perhaps supported by the transformation of warfare thanks to innovations such as the FGC-9) will be more commonplace?
3. Will "alternative" countries be the primal destination of for the new Sovereign Individuals, or will they settle for for cheaper rural areas?

But as always, feel encouraged to share your own thoughts, opinions, or summaries.

To keep the pagecount, (as well as some personal reasons for a lack of free time), now going for chapter 10 ending by the 14th of May. The site will be updated Monday morning with this post and discussions. See previous weeks' ones at
>https://xmrbookclub.neocities.org/sig/week3.html
>https://xmrbookclub.neocities.org/sig/week2.html
>https://xmrbookclub.neocities.org/sig/week1.html
>https://xmrbookclub.neocities.org/sig/index.html

>>54882479
It's also not very good at showing me what potential options are available, The best rate it offered me was StealthEx XMR to BTC at an AWFUL exchange rate (which I still have not received 90 mins on and stealthex doesn't even seem to provide me a tx hash which would allow me to check for myself) meanwhile ChangeNOW, which trocador also uses, offers XMR to LNBTC, which I have already received. I even checked XMR to LNBTC swaps on trocador first trying to save money on the swap.

What the fuck brose

>>54882479
>>54882745
Report as a bug to them?
They seem very open and are improving the product constantly.

>>54823661
What the Decred dot org community is doing should scare the absolute shit out of everyone who doesn't have a bag.

centralizing bloat chains are scary for other reason.

>>54882870

>>54882839
>main method of contacting them is Telegram
>a fucking app that requires a phone number

>>54881758
it's over

BTC is under attack via ordinals right? No way is this organic. XMR already is patched to prevent this from happening but we all know how resistant BTC is to change.

>>54883390
Bitcoin mempool is currently over 1GB LMAO

No wonder I'm not getting my money from the swap I made, if you have to trade back and forth with bitcoin today, use LN. Their gay second layer is the only respite.

>>54883390

>Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from $1.99 per transaction on April 26 to a current rate of $8.82 per transaction as of May 7. Bitcoin miners are struggling to keep up with the demand, leaving many users frustrated and unable to complete their transactions in a timely manner.

https://news.bitcoin.com/bitcoin-network-overwhelmed-by-390000-unconfirmed-transactions-and-surging-fees/

muh negresses, im a bit out of the loop lately. is haveno still a viable project? if so, haveno when?

>>54883390
>>54883418
With a 1GB mempool, 1MB block size and ~10min block time, this means the currently logjam of transactions will take about a week to clear assuming volume drops significantly (which I can see why it would)

did I miss anything in my napkin math?

>>54883418
Don't worry it'll get worse, see
>https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.html#alltime
We are ~16.4% fees to block reward, at the height of 2017 it peaked at 44%. High priority already seems to be $9 and mempool.space is *very* generous with that number from what I've seen.

Though consider how nodes have a max 300mb mempool limit, your transactions are not even propagated into the mempool bellow 21sat/vB if I'm correct.

>>54884021

This could be what finally kills off Bitcoin on the darknet, ASAP has already ditched it so other markets must also be considering it too.

>>54884062
Asap moving over is actually pretty big, theyre a long standing market and a big name. Question will be if they go back to accepting btc once the backlog is cleared, though im not sure what the route forward would be for the chain atm, considering ordinals just took off i doubt they will be stopping any time soon

>>54884062
It is pretty telling when they didn't do it out of OPSEC considerations (they should've but whatever), that means that Monero has bound to become preferred in non-DNM activities as well.

>>54884261
Even if the spam is over (it won't be, they can pay the price for an NFT) the path of least resistance is just to stick with what works. Also considering XMR never really had serious fee issues, for ASAP there is no "going back to BTC" now, there is only "going back to BTC as long as it functions, then we'll fall back to XMR". They have demonstrated that the reliable fallback option is XMR, so why use BTC?

>>54884471
>Why use btc
There is really no reason to use btc on the dnm aside from that it was and still is popular. From an opsec perspective XMR is the clear choice

Where are the lasered eyed digital hornets when their bags are under attack?

>>54884471
>Even if the spam is over (it won't be, they can pay the price for an NFT) the path of least resistance is just to stick with what works. Also considering XMR never really had serious fee issues, for ASAP there is no "going back to BTC" now, there is only "going back to BTC as long as it functions, then we'll fall back to XMR". They have demonstrated that the reliable fallback option is XMR, so why use BTC?

Also, going back to BTC when Monero-only is considered the gold standard for safety = bad optics. So yeah, it'll most likely be a case of "if it ain't broke, don't fix it" and they'll just permanently stick with XMR.

>>54884752
>Where are the lasered eyed digital hornets when their bags are under attack?

They're upping their copium dosage.

>That's how Bitcoin works. You pay the price for very rare blockspace of the most sovereign money in the world. You should get used to the idea that once more and more people worship bitcoin it becomes more expensive to transact in a timely manner. So either pay a higher price or lower your time preference.

>>54885310
There's some delicious king shitcoin copium in this thread
>>54882751

I thought bitshit had a few years left I guess not

What can I use to swap monero to let's say BTC?
It's important to not be anything with KYC, I won't give my ID to anyone.

>>54885897
Now is a bad time to be swapping to king shitcoin

>>54886152
Bitcoin is so hard to use how do you even use lightning is lightning even worth it

>>54886524
It's worth it, very very low fees and near instant confirmations.
My extent of using it is just cashapp though, they support regular btc and ln transactions.

>>54886675
But i mean how do you install it via lets say blue wallet, do you basically scan someones else channel and use their channel to pay them? Or do you need to create your own channel and then you can pay another channel.

Also lets talk about the limitations of xmr because i think this must be a trouble to solve before cbdcs come lets say if xmr got current bitcoin usage how many transactions would xmr start having trouble, i feel if bitcoiners increased the cap by just a little bit this would solve all the problems.

>>54886730
if monero ever reached bitcoin's marketcap the general consensus is that it would cope way better than BTC with spikes in usage (due to it's flexible block size). However, since monero transactions are larger than btc transactions, the overall blockchain size would balloon in size much faster than bitcoin.

>>54887003
It’s not, it’s going to stay sun $300 forever.

>PEPE #43
It'll actually be in the top 10 soon, won't it?

>>54887188

>>54887188
Good luck cashing out. The leading narrative is that brc-20 is an exit scam of some sort.

>>54886730
>if xmr got current bitcoin usage how many transactions would xmr start having trouble

There's always this paymo project but i haven't heard much since the dev was on monerotalk
https://eprint.iacr.org/2020/1441

>>54886524
Custodial wallets like strike or cashapp. There's also muun which is noncustodial but i've never used it

What will Monero chuds do when mordinals destroy their precious pedocoin?

Meanwhile, Zcash has shielded assets using ZKP for superior scaling.

Commence coping.

>>54888002
>only shitskins using Zcash
Move along, this is a white man's currency.

>Welcome to the fourth /XMR/ General weekly opsec discussion!
Firstly i just wanted to mention that its been a pleasure putting these together for the /XMR/ community! The feedback received so far has been overwhelmingly positive and i look forward to continuing these sessions into the future. Thank you for taking the time to read, and i hope you retain some useful information from it, as i know i have in the process of making them.
This weeks discussion is going to be light on original content, unfortunately i have been busier than usual, so i thought this might be a good chance to share some case files from high profile arrests, mostly based in the US. Please feel free to share any additional case documents you have as well!


>Previous weeks discussion
PGP - pastebin.com/K5uK4vvg
File Verification - pastebin.com/64jdYSua
Compartmentalization - pastebin.com/fduPVLmV
>OpsAnon's public key
pastebin.com/kiEVscyb


>Why do we care?

Having these records made available to the public is an incredibly valuable resource for us as privacy/opsec concerned users, by reading these cases over we can learn from others mistakes, and we can build a picture of the tools and tactics used by those who mean to break our opsec!

>What information can we scrape from these documents?

While sometimes these gov documents can be verbose and outside of our scope of interest, we can dissect each case into a few key questions that will relate back to our own techniques. Anyone who remembers grade school English class is familiar with the 5 W's (who, what, where, when, why), in this case, i am removing the "why" and substituting " How", since that is the real juice we are trying to squeeze out here. We can further modify this template a bit so we can extract the most useful information and ask ourselves how the circumstances in these cases relate to our own.

Who - Is this case pertaining to an administrator/vendor/buyer/hacker/activist?
What - What was the reason for arrest? (drugs, fraud, activism etc)
Where - Was the person located in the same geographical area as the attacker?
When - When did it go wrong, and how long did it take to compromise the users opsec and how long after compromise was it actioned?
How - What was the mistake made that caused the initial opsec breech?

*Note: 9/10 times, opsec is broken by a breakdown in our procedure, not some very advanced, expensive NSA tier hack, opsec has to be maintained 100% of the time to remain secure, an attacker only needs to be lucky once.

>Case files

All that is left is to get to the reading, i tried to get a variety of cases representing different scenarios from DNM vendors to MFH honeypots. If you don't feel like reading DOJ filings, you can also head over to darknetlive where they give synopsis of all the current cases, unfortunately 4chins throws a spam filter to the site so i cannot link the interesting ones here directly. Take them with a grain of salt as many don't include the reference material, but it still makes for interesting reading.

>Links

https://www.justice.gov/media/1116921/dl?inline= cyber task force
https://www.justice.gov/opa/press-release/file/982821/download alphabay
https://www.justice.gov/usao-sdny/press-release/file/1549821/download silk road
https://storage.courtlistener.com/recap/gov.uscourts.waed.95157/gov.uscourts.waed.95157.1.0.pdf
Ronald Craig Ilg (honeypot)
https://www.courtlistener.com/docket/65017549/united-states-v-trainor/

>>54882660
>>54882669
The masses are predictably reacting to the changing Metapolitical conditions of the world, their collective discontent building and transforming. For many the idea of nationalism and political solution is crushed due to things such as Covid policy mismanagement and the highly contentious presidential election. Hence why the US saw energy grid attacks at all time high in 2022, "Racially motivated" online extremist ranks growing, and a new trend of passport bros who are voting with their feet. The last group are the smartest of the bunch. They recognize the situation in the US is an absolute cesspool of schizophrenic psyop madness and diminishing quality of life. Those who stay to try to fix the situation, or battle against it, or wait it out, or "return to the land," or build enclaves of like minded individuals, or re-elect trump etc. are coping hard and fighting an uphill battle. They aren't surfing the waves, they are treading against them with bricks tied to their feet.
Meanwhile the more adaptable ones who leave will increasingly find enclaves that support their ideology and way of life, with agreeable tax circumstances and potential to live life relatively unimpeded. This requires one to embrace globalism, to release oneself from the tyranny of place.

>>54888233
If i can play devils advocate, zec has some things going for it tech wise, the unfortunate part is they pissed all over the cipherpunk ideals with their founders tax, copywriting, premine, pandering to authority etc. Just IMO, there is not enough cooperation between projects. we are in the infantile phases of the future of digital currency, or at least one that isnt a cbdc

Zcash, living in /XMR/ threads rent free.

>>54888398
*squatting

>>54888466
Why would you tripfag?

>BTC transaction fees skyrocketing
>Front page warning about tx fees on darknet
>ITS TIME TO SWITCH TO MONERO

>>54833895
>>54842116
>>54845135
>>54861420
>>54874109
>>54882660
>>54884261

Don't mind me. Just here for Monerochan pics

>>54867734
never disclose, say that you made progress on your accumulation goals instead

So now that king shitcoin has been exposed as utterly worthless, how long do you think it'll take maxipads to stop coping and accept it's a failure?
I think it will take them at least 5 years.

>>54888644
Why would you newfag?

Hello anons, which wallets would you recommend at an intermediate level for storing monero? Can't say I'm a hyper expert at this so just looking for actionable advice

>>54891288
Just use the Monero GUI from getmonero.org
If you want a hardware wallet the Monero GUI works with the Trezor Model T

>>54891288
use feather wallet on a tailsOS persistent storage.

Monero makes my local police cope and seethe, therefor I will use it.

>>54888257
>>54888263

Based, this kinda stuff is sorely needed. Keep it coming!

>>54890912
>So now that king shitcoin has been exposed as utterly worthless, how long do you think it'll take maxipads to stop coping and accept it's a failure?

Bitcoin can't fail, no matter what happens, its always good for Bitcoin.

>>54888257
>>54888263
thanks man, i really appreciate your contributions to the xmr generals.
my only criticism would be for you to wait until a new thread is created and then post at the beginning because posting these when the thread is almost 300 replies will make your post almost useless.

>>54892011
b...but more miners would mean that the capacity for the btc blockchain to write new tx would increase?
how is more miners going to help against the spam attack?
i'm seriously asking. also, under the same scenario, how would xmr perform?

>>54888398
>Zcash, living in /XMR/ threads rent free.
its also basically free if you want to buy it.

get it?

because the price only dumps, retard

>>54892156

Trust the plan.

>>54892011
>more people want to mine btc
What people? The 10 chink miners that own all the asics?
The same people that already arent profitable and will be getting half from 2024?
>user with name common sense has monkey profile pic and agrees with NGU
You can't make this shit up

The amount of shitcoin shills on this board is incredible, literally 100 bitshit/fake crypto threads vs xmr

>>54888398
Renting is for faggot slaves while owning things make you a master, you are king when you use xmr and probably a god when you use wownero but zcash is not even for peasants its just for slaves

>>54895469
I bet you live in a country with property taxes.

Not funny anymore, guys.

>>54897512
If your shitcoin can be destroyed by pajeets it deserves to be destroyed by pajeets.

>>54897512
>Laser eyes
Pathetic cultist.

Someone just paid 64 ETH ($119K) in gas fees trying to buy a meme coin with 84 ETH ($156K)

>>54897512
At least he has stored 80 dollars worth of value.

>>54897512
Kek, new cope is the poors just have to pay the price they deserve or use custodial.
>p2p digital cash changing the world for thw better. Kek

>>54897512

Should've used Zcash

>>54898894
>Should've used Zcash

NEW THREAD: >>54899046
>NEW THREAD: >>54899046
NEW THREAD: >>54899046
>NEW THREAD: >>54899046
NEW THREAD: >>54899046
>NEW THREAD: >>54899046